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Key Facts

Type Residential Lot
Levels Land
Size -
Garage No
Taxes $1,388
Days Active 2
Lot Size 
Approx. Age 
MLS® Number 10594954

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime 1.25-Acre Corner Lot in the Heart of Fayetteville This outstanding 1.25-acre corner parcel offers high visibility with direct frontage on Lanier Avenue and sits within Fayetteville's UDO district, allowing for flexible and diverse development options. The current owner has begun the approval process for a 22-unit residential project but is stepping away due to personal obligations-presenting a prime opportunity for a new developer or investor to take the reins. Preliminary plans submitted to the planning commission feature a well-balanced mix of six duplexes and three quadplexes in a courtyard-style layout, blending rental and for-sale units. Architectural renderings of the updated concept are available and can serve as a springboard for continued development-or bring your own vision to life. Newly built apartment units in nearby communities are starting at $300, 000, underscoring the value and potential of this site. A small existing structure remains on the property. Opportunities like this are rare in one of the region's fastest-growing areas-don't miss your chance.Show Description
MLS® Number10594954
Laundry Level
Central VacNo
FireplaceNo
Acreage1.25
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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